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To: Thean who wrote (7995)3/30/1999 3:41:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 14427
 
Thean,
i sold my MU puts for in excess of a double and rolled them into sch leap puts. I was able to get a double amount of scwabs at a much higher strike. sch trailing pe is 117.



To: Thean who wrote (7995)3/30/1999 5:09:00 PM
From: bw  Respond to of 14427
 
Thean..Thanks for the insights. I hope you're wrong about the $8 gap, but if I'm a long-termer on this one it shouldn't matter. As for the disadvantage of not having a sales team already in place, the following from the release today at least affirms that Cardinal does have a good group to manage the marketing:

<Duramed and Cardinal noted that Cardinal MarketFORCE's management team has built a number of contract sales forces in the past, ranging in size from 25 to 400 people. The Cardinal team includes:
* Don Wetherhold, president, with extensive experience in hormone replacement sales and marketing and two years with the second largest contract sales and marketing organization in the world.
* Thomas Dimke, vice president of operations, one of two individuals who organized the U.S. roll-out of the largest contract sales and marketing organization in the world, and also spent 12 years at Ciba-Geigy in a variety of capacities, including executive regional director of sales, working in the women's health and hormone replacement areas.
* Bruce Ward, vice president of sales, who was with the Ross Division of Abbott Laboratories for 14 years, which marketed a variety of products to obstetricians and gynecologists.>